Ethiopia has had a woman president the past 4.35 years, along with 41.3% incumbent woman parliamentarians and 40.9% women ministers. This results in a closing 43.1% of the gender gap on the Political Empowerment subindex, almost triple its score since a decade back (14.6% in 2013). By contrast, on Educational Attainment, though parity across the indicators is gradually improving, Ethiopia has one of the lowest parity levels globally (135th) at 85.4%. After some fluctuations, parity on Economic Participation and Opportunity is also low, at 58.7%.

Australia and New Zealand had a considerable increase in the share of women ministers. Fiji, Myanmar and Korea have regressed the most among the six other countries where progress on Political Empowerment has reversed. The Health and Survival gender parity score stands at 95.9% based on the constant sample of 102 countries (non-constant score 96%).

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North America has achieved the highest gender parity score among all regions, 77.6%, on the Economic Participation and Opportunity subindex. This marks a 0.2 percentage-point increase in the parity score since the last edition. Canada improved by 0.5 percentage points and the United States by 0.2 percentage points. Parity in wage equality for similar work and estimated earned income increased in both countries. At 95.5%, East Asia and the Pacific has the second-lowest score on the Educational Attainment subindex compared to other regions. Malaysia and New Zealand are at full parity, along with nine other countries in the region, with more than 99% scores.

However, the overall parity score on Political Empowerment has stagnated, at 62.6% since the last edition. Despite ranking relatively high on the other dimensions, Nicaragua’s performance lags on the Economic Participation and Opportunity subindex, where only 64% parity is attained. The widest gap exists in the share of women in senior positions followed by wage equality. Compared to other regions, Southern Asia remains the furthest away from parity on the Economic Participation and Opportunity subindex, having closed 37.2% of the gap. However, based on the constant sample of countries covered since 2006, there has been an improvement of 1.4 percentage points since the last edition.

No matter where you are in your journey, RMA can be your single resource for risk management products and education. RMA Statement Studies® is the only source of comparative industry benchmark data on small and medium-sized borrowers and our data comes directly from RMA’s member institutions. While many of these sources are U.S.-based, all provide valuable insight into how well your business is performing in comparison to industry standards. Your first source for where to start should be your banker, who can tell you what ratio values are used by the bank.

China, Lao PDR and Indonesia, with more than 1.7 billion people, have the lowest parity. Cambodia and Thailand are the only countries in this region with more than 1 percentage-point increase in parity over 2022. Thailand improves parity in enrolment in secondary education while Cambodia improves on literacy rate and enrolment in primary and tertiary education. Compared to other regions, payment processing fees Eurasia and Central Asia has the lowest gender parity in Political Empowerment and suffers a 1 percentage-point setback since 2022. Only Armenia, Ukraine and Tajikistan have made at least a 1 percentage-point improvement. While more than one-fifth of ministers in Moldova and Ukraine are women, Azerbaijan continues to be one of the handful countries with a male-only cabinet.

India, Sri Lanka and Maldives have the highest regional parity scores, while. Bangladesh, Nepal, Pakistan and Afghanistan have achieved less than 95% parity. Afghanistan is a negative outlier, having closed only 48.1% of the gender gap. Bangladesh, Bhutan, Sri Lanka and India are either at parity or close to parity in enrolment in secondary education. On enrolment in tertiary education – barring Afghanistan, Bangladesh and Pakistan – all countries are at full parity, though levels are low for both men and women.

Japan’s Economic Participation and Opportunity parity is at 56.1% and ranks 123rd out of 146 countries. With five countries having less than 10% parity and five countries with more than 40% parity, progress has been highly uneven when it comes to Political Empowerment. Based on the constant sample of countries covered on the index since 2006, this is an improvement of 1.1 percentage points compared to the last edition. Nineteen countries, including the populous Nigeria, Ethiopia and the Democratic Republic of the Congo, have improved on this subindex by 0.5 percentage points or more. Further, Ethiopia, Togo, Tanzania, Namibia and Uganda currently have heads of states who are women.

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It has progressed by 2.3 percentage points since 2007 (score 68.9%) when it was first covered. As compared to the last edition, it has advanced by 0.62 percentage points as well as 11 positions in rank. While the 2022 edition reported no female ministers, there are now 11.1% women ministers, driving up the parity score on the Political Empowerment subindex from 13.5% to 16.6%. There is also full parity in the share of women as technical workers, and women earn 81.4% of men’s estimated earned income. Labour-force participation parity is at 88.1%, though only 25.6% of the senior officials are women.

Years of historical data

The region records 96.4% parity in Health and Survival, and all countries except Qatar have achieved more than 95% parity, while all countries have attained perfect parity in sex ratio at birth. However, in five countries healthy life expectancy for women is lower than that of men. At 97.4% parity, Eurasia and Central Asia has only three out of 10 countries that have less than 97% parity for the Health and Survival subindex. Azerbaijan and Armenia, home to more than 13 million people combined, have some of the lowest sex ratios at birth in the world. Finally, seven out of the 10 countries have reached parity in healthy life expectancy.

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Nine out of 17 countries that have the data have shown drops in the share of women in senior official positions. However, 13 out of 19 countries improved parity in estimated earned income since the last edition. Overall, Lao PDR, the Philippines and Singapore register the highest parity for the subindex and Fiji, Timor-Leste and Japan register the lowest.

This measures the company’s ability to meet its short-terms obligations using its liquid assets (that can be quickly converted to cash). Quick ratio is also a quick test to predict the company’s capacity to pay its current liabilities without having to sell its inventory for a loss or raise additional funds. This ratio measures the company’s income generating ability as compared to the revenue, balance sheets assets, equity, and operating costs.

The Middle East and North Africa is at 95.9% parity on the Educational Attainment subindex, and Israel is the only country in the region to have full parity. Relatively more populous countries such as Morocco, Algeria, Tunisia and Egypt have the lowest parity on this subindex, and they also have the lowest parity in literacy rate. Only four countries (Israel, Bahrain, Qatar and Jordan) have more than 99% parity in literacy rate.

Everything you’ll learn in the Financial Ratios Definitive Guide

At 69.7% parity in Economic Participation and Opportunity, Europe stands third behind North America and East Asia and Pacific on this dimension. Gender parity has receded by 0.5 percentage points compared to last year based on the constant sample of 102 countries. Norway, Iceland and Sweden have the highest parity on Economic Participation and Opportunity, while Italy, North Macedonia and Bosnia and Herzegovina have the lowest. In comparison to the last edition, 13 countries (including populous France and Germany) have declined by at least 1% and eight countries have improved by at least 1 percentage point. The shares of senior officer positions held by women have reduced in 17 out of 35 countries that have data. Only 10 countries have at least 60% parity in senior officer positions, yet 28 out of 36 countries have full parity in women’s share of technical roles.

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